overrunning
as defined in Directive (EU) 2023/2225 of the European Parliament and of the Council of…, Article 3, point (19) (Definitions)
a tacitly accepted overdraft whereby a creditor makes available to a consumer funds which exceed the current balance in the consumer’s current account or the agreed overdraft facility
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Also defined in
- Directive 2008/48/EC of the European Parliament and of the Council of 23 April 2008 on credit agreements for consumers… 32008L0048, Article 3, point (e)
a tacitly accepted overdraft whereby a creditor makes available to a consumer funds which exceed the current balance in the consumer's current account or the agreed overdraft facility